Section 18-7-201 – Wyoming Public Library Endowment Challenge Program.

18-7-201. Wyoming public library endowment challenge program. The Wyoming public library endowment challenge program is created.

Section 18-7-202 – Definitions.

18-7-202. Definitions. (a) As used in this article: (i) “Challenge fund” means the public library endowment challenge fund created under this article; (ii) “Endowment gift” means an irrevocable gift or transfer to a Wyoming public library foundation of money or other property, whether real, personal, tangible or intangible, and whether or not the donor or […]

Section 18-7-203 – Wyoming Public Library Endowment Challenge Fund.

18-7-203. Wyoming public library endowment challenge fund. (a) The Wyoming public library endowment challenge fund is created and shall consist of twenty-three (23) separate accounts, one (1) account for each Wyoming public library established pursuant to W.S. 18-7-101. (b) The state treasurer shall invest funds within the fund created under subsection (a) of this section […]

Section 18-7-204 – Endowment Challenge Fund Matching Program; Matching Payments; Agreements With Foundations; Annual Reports.

18-7-204. Endowment challenge fund matching program; matching payments; agreements with foundations; annual reports. (a) To the extent funds are available in the separate account of any public library within the endowment challenge fund, the state treasurer shall match endowment gifts actually received by that public library’s foundation. A match shall be paid under this subsection […]

Section 18-7-205 – Additional Transfer of Funds.

18-7-205. Additional transfer of funds. (a) In addition to the transfer of matching funds authorized under W.S. 18-7-204, when the state treasurer determines that the cumulative amount of endowment gifts received by all twenty-three (23) of the public library foundations has reached two million three hundred thousand dollars ($2,300,000.00), the treasurer shall transfer to each […]